EANS-Adhoc

ams AG / ams announces completion of transaction to acquire Heptagon and related capital increase

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is solely responsible for the content of this announcement.
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Mergers - Acquisitions - Takeovers/Capital increase
24.01.2017

Premstaetten, Austria (24 January 2017) - ams (SIX: AMS), a leading
worldwide supplier of high-performance sensor and analog solutions,
announces the completion of the transaction to acquire 100% of the
shares in Heptagon and the related capital increase of 11,011,281 new
shares from authorized capital excluding subscription rights. ams
announced on 24 October 2016 that the company had signed an agreement
to acquire Heptagon, the worldwide leader in high performance optical
packaging and micro-optics.

The upfront consideration for the transaction includes approximately
USD 64 million in cash, 5,450,586 ams shares from currently held
treasury shares as well as 11,011,281 new shares from authorized
capital. The capital increase creating the 11,011,281 new shares from
authorized capital was registered with the commercial register today
and the shares are admitted to trading on the SIX Swiss Exchange from
tomorrow, 25 January 2017, onwards. The total number of shares
outstanding of ams AG will therefore be 84,419,826 no par value
bearer shares with a calculated nominal value of EUR 1.00 per share.

Following the registration, the selling shareholders of Heptagon hold
approximately 19.5% of the total registered share capital of ams.
They are subject to a market standard, staggered lock-up obligation
ending in the second quarter 2018.

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About ams

ams is a global leader in the design and manufacture of advanced
sensor solutions and analog ICs. Our mission is to shape the world
with sensor solutions by providing a seamless interface between
humans and technology.

ams' high-performance analog products drive applications requiring
extreme precision, dynamic range, sensitivity, and ultra-low power
consumption. Products include sensor solutions, sensors, sensor
interfaces and power management ICs for consumer, communications,
industrial, medical, and automotive markets.

With headquarters in Austria, ams employs over 2,900 people globally
and serves more than 8,000 customers worldwide. ams is listed on the
SIX Swiss stock exchange (ticker symbol: AMS). More information about
ams can be found at www.ams.com.

Further inquiry note:
Moritz M. Gmeiner
Senior Director Investor Relations
Tel: [phone]
Fax: [phone]
Email: [e-mail]

end of announcement euro adhoc
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issuer: ams AG
Tobelbader Strasse 30
A-8141 Premstaetten
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: www.ams.com
sector: Technology
ISIN: AT0000A18XM4
indexes:
stockmarkets: official dealing: SIX Swiss Exchange
language: English